Stock analysis is used by traders to make buy and sell call. It’s an approach to make informed decisions while investing in stocks. Stock analysis can be categorised into – fundamental analysis and technical analysis. Fundamental analysis is evaluation of data from sources, including financial records, economic reports, company assets, and market share. Analysts typically study the company’s financial statements – balance sheet, income statement, cash flow statement, and footnotes. These statements are made available to the investors in the form of quarterly earnings, disclosures to stock exchanges in compliance with the Securities and Exchange Board of India (Sebi) norms. In fundamental analysis, the analysts particularly check for a company's core income, income from other sources, profitability, guidance, assets and liabilities and debt ratio among other parameters. The other method, i.e. the technical analysis focuses purely on statistical data. It works on two assumptions; one, the stock price reflects the fundamentals. Second, the study of past and present movement in prices can help determine the future price trends. Technical analysis primarily deals with price, volume, demand and supply factors. This method is effective only when supply and demand forces influence the market. However, when outside factors are involved in a price movement, technical analysis may not be successful. More
The S&P BSE Sensex gained nearly 4,000 points or 13 percent since last Diwali and expectations are that the rally could take the index to fresh highs in 2017 itself.
The index may march towards 9,580-9,600 levels in the near-term. Any dip must be used as a fresh buying opportunity.
The brokerage firm says that even on assuming only 12 percent Nifty earnings growth in FY18 due to spillâ€over of demonetisation, valuations are factoring much damage at price to earnings (PE) of 17 times.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Federal Bank, Havells India and REC and buy Glenmark Pharma and Mahindra Holidays.
AK Prabhakar of IDBI Capital is of the view that one may prefer Power Grid, Mahindra Holidays and Deepak Fertilizers.
Rajat Bose of rajatkbose.com is of the view that one may sell Bank of Baroda.
Watch the interview of SP Tulsian of sptulsian.com with Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Harendra Kumar Of Elara Capital likes Indian Hotels, Mahindra Holidays and Cox & Kings from the travel and tourism space.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Mahindra Holidays.
Harendra Kumar of Elara Capital prefers Indian Hotels Company and Mahindra Holidays.
Harendra Kumar of Elara Capital is of the view that consumer durables and brown goods and travel will continue to do very well over the next one year.
Ambareesh Baliga, Market Expert is of the view that one can look at Himatsingka Seide.
Ambareesh Baliga, independent market expert is of the view that one may prefer Mahindra Holidays and Resorts India.
Here are top 10 stocks to keep an eye on January 23 - ICICI Bank, Axis Bank, Cairn India, Prestige Estates, Biocon, Ipca Labs, Polaris, Phillips Carbon, Mahindra Holidays and HCL Infosystems.
AK Prabhakar, Independent Advisor advises buying Apar Industries for a target price of Rs 386 and Shriram Transport for a target price of Rs 1,040.
Rajen Shah of Angel Broking is of the view that Mahindra Holidays may touch Rs 500 in the next 24 months.
Mahindra Holidays and Resorts India has target of Rs 350, says PN Vijay, Portfolio Manager. Over the last five years its room inventory has gone up three times to over 2000 and the number of locations has also increased considerably. Its membership has also shown a Compounded Annual Growth rate (CAGR) of more than 20 percent.
Portfolio Manager PN Vijay picks Jagran Prakashan and Mahindra Holidays as his multibaggers for the day.
Moneycontrol.com got independent analyst Ambareesh Baliga to answer the stock queries readers sent us on our Facebook page as part of KYI (Know Your Investment). Check out his comments.
Mahindra Holidays, Talwalkars and Nelcast are the top picks, says Ambareesh Baliga, Market Expert.
See 50% upside in Mahindra Holidays and Resorts India in the next 18 months, says Rajen Shah, Angel Broking. It has got a land bank of almost 200 acres across about 10 different locations, the value of that is said to be about Rs 700-800 crore and the market cap is Rs 2,500 crore.
The Indian market has been flat this week. The benchmark indices, Nifty and Sensex, are trading in a very narrow range. Moneycontrol brings to you some of the stock recommendations given by experts.